ISLAMABAD – Chairman National Accountability Bureau (NAB) Justice (R) JavedIqbal said yesterday that the Bureau has solid evidences ofmoney-laundering of billions of rupees by the big fish which were launderedby opening fake accounts in the names of ‘falooda walas’, ‘chhabri walas’and ‘paupar walas’. The Chairman said this while chairing a meeting held atthe NAB headquarters here to review the overall performance of the Bureau.
According to a press release issued by the NAB headquarters, the chairmansaid that the Bureau is committed to the logical conclusion of megacorruption cases by utilizing all available resources as per law.
He said that NAB had constituted a Combined Investigation Team (CIT) tobenefit from the collective wisdom of senior supervisory officers. He saidthe CIT had the services of director, additional director, investigationofficer, legal counsel and experts of the monetary and land revenuedepartment which is lending quality.
He said NAB was the focal institution of Pakistan under the UN Conventionagainst corruption and the chairman of SAARC Anti-Corruption Forum. He saidNAB was considered a role model organization in SAARC countries. TheChairman said that from October 2017 to June, 2021 the NAB has recovered Rs535 billion from corrupt elements which is a record achievement which showsa commitment and dedication of NAB officers towards performance of theirnational responsibilities in eradication of corruption from the country.
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He said that NAB has recovered Rs822 billion directly and indirectly sinceits inception and there are 1273 corruption cases, having an accumulativevolume of approximately Rs1300 billion, are under trial in variousaccountability courts. The performance of NAB has been lauded by reputednational and international institutions. The Bureau is the focalorganization of Pakistan under the United National Convention againstCorruption (UNCAC).
